Colorado Gas Prices Set a Record
posted by Ben Engebreth on 03.13.2005
Here in Colorado gas prices hit a new all time high on Friday. The Denver Post says that Colorado's average gas price for regular unleaded hit $2.04 a gallon on Friday breaking the previous record of $2.03 set last year. I mentioned before that there were expectations that prices would rise rapidly, and it seems as though that is what has happened to some degree. I wonder where the equilibrium point is?